🔥🔥🔥Something big is coming, changes in the ETH staking queue!!!
From on-chain data, the number of ETH queued to exit the Ethereum PoS network has decreased to 878,000, while more than 200,000 are waiting to join and are all showing a downward trend.
This phenomenon has far-reaching implications for ETH. On the positive side, some stakers have chosen to exit after ETH significantly increased since its low in April, which somewhat alleviates profit-taking pressure and reduces potential selling pressure in the market.
Driven by favorable regulations and institutional demand, new ETH deposits indicate that the market still has confidence in ETH's long-term value, which is beneficial for solidifying the staking economic model of the Ethereum ecosystem and enhancing network security and stability.
However, there are also risks in subsequent operations. If the ETH in the exit queue is heavily sold in the secondary market, it may trigger short-term price fluctuations. Furthermore, if the regulatory environment suddenly changes or institutional demand weakens, resulting in a continuous decline in new ETH deposits, it will affect the development of the Ethereum staking ecosystem and subsequently impact ETH's market performance.
Investors need to closely monitor changes in the ETH staking queue, regulatory policies, and institutional movements. K will also periodically observe on-chain data, seize the right moment, and let opportunities be in our hands! Keep up with K's operational rhythm!
Today's focus: BAND API3 QTUM...
